Category: Official Press Release

Optimising flow within mobility systems with AI: The Turing and Toyota Mobility Foundation collaborate to modernise city planning and traffic management

The Alan Turing Institute and the Toyota Mobility Foundation are collaborating on a project to transform the way cities are planned and managed. The objective of this new project, ‘Optimising flow within mobility systems with AI’, part of the Turing’s new AI programme, is to transition complex traffic management from static systems into dynamic, optimized… Continue reading Optimising flow within mobility systems with AI: The Turing and Toyota Mobility Foundation collaborate to modernise city planning and traffic management

Groupe PSA Improves Its €3 Billion Revolving Credit Facility

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) signed, on May 24th 2018, with its banking partners, an amendment of its €3 billion syndicated credit facility. This amendment improves the economic conditions of this credit facility, signed on April 8th 2014 and amended on November 10th 2015, and extends its maturity. Thus, Groupe PSA benefits from… Continue reading Groupe PSA Improves Its €3 Billion Revolving Credit Facility

Toyota Autoparts Philippines, Inc. to become Aisin’s subsidiary

Toyota Motor Corporation (“Toyota”) and Aisin Seiki Co., Ltd. (“Aisin”) have agreed today to increase Aisin’s equity participation in Toyota’s subsidiary, Toyota Autoparts Philippines, Inc. (“TAP”), from the current 34 percent to 61 percent and to make it Aisin’s subsidiary. The purpose of this arrangement is to strengthen its competitiveness in the manual transmission (“MT”)… Continue reading Toyota Autoparts Philippines, Inc. to become Aisin’s subsidiary

Groupe PSA Steps up Its Digital Transformation with the Digital Factory

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) is stepping up its digital transformation with the creation of the Digital Factory. This new facility brings resources and skills together in one place to support the operational departments in their digital transformation. Several hundred internal and external experts are on hand, in: – the Customer Digital Factory:… Continue reading Groupe PSA Steps up Its Digital Transformation with the Digital Factory

Volvo Cars to expand production following overwhelming demand for XC40

Volvo Cars to expand production following overwhelming demand for XC40   Volvo Cars, the premium car maker, has received almost 80,000 orders for the new award-winning XC40 small SUV and is expanding production in Europe and China in order to meet demand.   Production will be expanded at its Ghent manufacturing plant and Volvo Cars… Continue reading Volvo Cars to expand production following overwhelming demand for XC40

News Release – Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness

Please click HERE for a PDF version of the release. Reduces effort needed to open and close a car door by 40-60 percent Allows increased sealing to create a quieter cabin – a key factor in driver satisfaction ratings Will enter the market on future models with a European automaker AURORA, Ontario, May 23, 2018… Continue reading News Release – Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness

Toyota moves to expand mass-production of fuel cell stacks and hydrogen tanks towards ten-fold increase post-2020

Toyota sees global sales of fuel cell electric vehicles (FCEV) increasing significantly after 2020, to at least 30,000 per year from today’s 3,000. To prepare for this growth, the company unveiled plans for two major new facilities today: a brand-new building near its original automobile factory for expanding fuel cell stack mass production, and a… Continue reading Toyota moves to expand mass-production of fuel cell stacks and hydrogen tanks towards ten-fold increase post-2020

INMOTION VENTURES PUTS ADVENTURE ON THE MAP

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